NOT LISTED FOR SALE

Estimated Value: $737,000 - $1,045,000

7 Beds
4 Baths
2,190 Sq Ft
$385/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $400,000 $183 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,146/month

61 Days on Market

About This Home

As of May 2015

Great Income Producing Duplex! Remodeled! About an 8% Cap Rate! Two separate addresses on One big lot w/ Ample Parking for both homes!! One house is a 4-bedroom/2-bath & the other Home is a 3-bedroom/2-bath. Tenants currently pay $1,751 rent each per month for a total of $3,502 rent per month. Tenants pay their own Utilities! There are separate water meters, gas/electric meters. Tenants pay for their own water, trash, electric, gas. Owner only pays for Property Taxes and Insurances. Cap rate on listing price is about 8%. This Duplex was remodeled at the end of 2013 - New roof was put in, exquisite laminate floors, new windows throughout, new copper plumbing, new electrical, gorgeous bathrooms, paint, and much more - this is located right near several great schools for kids - potential for even more upside in Rent bc of schools nearby!

Last Agent to Sell the Property

The Blvd Group

The BLVD Group License #01887595 Listed on: 01/21/2015

Last Buyer's Agent

Edgar Stanislavsky

The BLVD Group License #01928113

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,082

Year Built

  • Built in 1915

Lot Details

  • 7,105

Home Design

  • Duplex

Interior Spaces

  • 2,190 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway

Additional Features

  • 7,105 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5117-007-046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,082

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2190
  • Stories: 1
  • Year Built: 1915
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 200.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 5

Utilities

  • Heating: Wall

Fee Information

  • Insurance Expense: 1200.00

Lot Info

  • Assessor Parcel Number: 5117-007-046
  • Geocode Override: No
  • Lot Size Area: 7105

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.70
  • Number Of Units: 2
  • Total Annual Expense: 6000
  • Type Of Units: Duplex
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 4800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2015
Sold by
Stanislavsky Edgar A and Stanislavsky Hector
Bought by
3204Cpt Llc
Current Estimated Value
$874,076

Purchase Details

Listed on
Jan 21, 2015
Closed on
May 22, 2015
Sold by
Stanislavsky Modjgan
Bought by
Stanislavsky Edgar A
Seller's Agent
The Blvd Group
The BLVD Group
Buyer's Agent
Edgar Stanislavsky
The BLVD Group
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$300,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2015
Sold by
Blue Ribbon Properties Llc
Bought by
Stanislavsky Edgar A and Stanislavsky Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2013
Closed on
Jul 22, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Blue Ribbon Properties Llc
Seller's Agent
Paul Cargile
Cargile & Company
Buyer's Agent
The Blvd Group
The BLVD Group
List Price
$200,000
Sold Price
$240,299
Premium/Discount to List
$40,299
20.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%

Purchase Details

Closed on
Jan 9, 2013
Sold by
Hunter Andrew Lee and Hunter Elizabeth
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 3, 2009
Sold by
Hunter Andrew Lee and Hunter Elizabeth
Bought by
Hunter Andrew Lee and Hunter Elizabeth

Purchase Details

Closed on
Jul 14, 2000
Sold by
Hunter Andrew Lee
Bought by
Hunter Andrew Lee and Hunter Elizabeth

Purchase Details

Closed on
Feb 26, 1999
Sold by
Chavis Eunice W
Bought by
Hunter Andrew Lee and Willis Eunice

Purchase Details

Closed on
Dec 19, 1998
Sold by
Chavis Eunice W
Bought by
Eunice Marie Mavis Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
3204Cpt Llc -- None Available
Stanislavsky Edgar A -- Fidelity
Stanislavsky Edgar A $400,000 Fidelity
Blue Ribbon Properties Llc $240,500 Entitle Direct Group Inc
Deutsche Bank National Trust Company $261,762 None Available
Hunter Andrew Lee $5,000 None Available
Hunter Andrew Lee -- --
Hunter Andrew Lee -- --
Eunice Marie Mavis Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanislavsky Edgar A $300,000
Previous Owner Blue Ribbon Properties Llc $300,000
Previous Owner Hunter Andrew Lee $527,000
Previous Owner Hunter Andrew Lee $436,000
Previous Owner Hunter Andrew Lee $304,000
Previous Owner Hunter Andrew Lee $76,000
Previous Owner Hunter Andrew Lee $315,000
Previous Owner Hunter Andrew Lee $270,750
Previous Owner Hunter Andrew Lee $212,500
Previous Owner Hunter Andrew Lee $37,000
Previous Owner Hunter Andrew Lee $122,279
Previous Owner Hunter Andrew Lee $117,911
Previous Owner Hunter Andrew Lee $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $400,000 -10.9% $183 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $449,000 +86.9% $205 / Sq Ft
07/25/2013 07/25/13 Sold $240,299 +20.1% $206 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $200,000 -- $172 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,082 $480,731 $216,328 $264,403
2024 $6,082 $471,306 $212,087 $259,219
2023 $5,969 $462,066 $207,929 $254,137
2022 $5,701 $453,006 $203,852 $249,154
2021 $5,624 $444,124 $199,855 $244,269
2020 $5,676 $439,571 $197,806 $241,765
2019 $5,461 $430,953 $193,928 $237,025
2018 $5,350 $422,504 $190,126 $232,378
2016 $5,100 $406,100 $182,745 $223,355
2015 $3,182 $245,101 $203,996 $41,105
2014 $3,205 $240,300 $200,000 $40,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-823419

The MLS

APN: 5117-007-046